Samson Mow, Paolo Ardoino, Adam Back, Gabor Gurbacs, and Arnab Naskar shed some insight into the fundamental differences between collateralized stablecoins (fully backed by USD or other reserves) and algorithmic stablecoins (which rely on smart contracts to maintain price stability).  Adam Back explained the difference: “the biggest and most widely

Tether's CTO Paolo Ardoino announced that Tether has cut their holdings of commercial paper since December of 2021, and now holds the majority of its reserves in U.S. Treasuries. Tether (USDT) is a reserve-backed stablecoin that aims to be pegged 1:1 to the U.S Dollar.

On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and

President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along

Consumers and businesses are looking to their financial institutions for providing Bitcoin services and Jack Henry, a large payment processor for the financial industry, is up to the task. From their press release it was announced that consumers and business accounts alike will be given access to NYDIG’s buy-hold-sell

Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and

Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of

Over the weekend, Solana experienced its seventh shutdown in 2022. The blockchain recorded six shut downs in January, and this past weekend marks number seven. A tweet from user @YaelOss points out that the shutdown follows a remark from Solana’s co-founder about how BTC should have changed its consensus